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Feb, 01 2016

Vatika Group invest Rs 100 crore to open 200 'Nukkadwala' restaurants

"We plan to invest Rs 100 crore to open around 200 Nukkadwala restaurants in India by the end of 2019," said Vatika Group, Managing Director, Gaurav Bhalla.

Vatika, diversified group is looking to invest Rs 100 crore to open around 200 restaurants under the 'Nukkadwala' brand across the country by the end of 2019, reported PTI.

The quick service restaurants will serve street food from all corners of the country reflecting regional diversity, said Vatika Group.

"We plan to invest Rs 100 crore to open around 200 Nukkadwala restaurants in India by the end of 2019," said Vatika Group, Managing Director, Gaurav Bhalla.

The brand is being launched first in Gurgaon to be followed by four locations in the National Capital Region, he added. "Deployment of state of the art technology at these restaurants would aim to enhance the guest experience, aid the operations and drive down the costs," said Bhalla.

When asked how the company plans to raise the funds for investment in these outlets, Bhalla said, "It will be through internal accruals."

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